Business & Money | Sunday 23 April, 2017 4:10 am

Newmont Adds Profitable Gold Production through Expansion of Ahafo in Ghana

Newmont Mining Corporation (NYSE: NEM) (Newmont or the Company) announced plans to extend profitable production at its Ahafo operations by building a new underground mine and expanding plant capacity by more than 50 percent. The Subika Underground mine is expected to produce 1.8 million ounces ...

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Culture & Education | Sunday 23 April, 2017 4:05 am

‘Growing Together’ Kalimat’s Message to Society on their Tenth Anniversary

To mark 10 years of success in publishing, Kalimat Publishing House – a Kalimat Group subsidiary, chose World Book Day 2017 to organise a series of celebratory events under the slogan, ‘Growing Together’ at the Sharjah Children’s Reading Festival (SCRF 2017). The...

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Government | Sunday 23 April, 2017 12:11 am

Saudi Arabia announces new information minister

Saudi Arabia on Saturday announced the removal of Information Minister Adel Al-Toraifi. In a series of Royal Decrees announced on State TV, Al-Toraifi was replaced by former ambassador to Germany, Dr. Awwad bin Al-Awwad. Among other appointments, Prince Khalid bin Salman has been named as...

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Government | Saturday 22 April, 2017 4:58 pm

Saudi Shoura calls for deducting Real Estate Fund installments from employee salaries

The Shoura Council’s committee on Haj and housing has called on all government departments and private-sector entities to support the Real Estate Development Fund by deducting installments from employee salaries. The Fund announced its research on methods of collecting as much as possible of ...

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Government | Saturday 22 April, 2017 4:55 pm

Deputy crown prince: ‘Sky is the limit’ for Saudi society amid reforms

The “sky is the limit” for Saudi Arabian society if people are willing to embrace the change, the Kingdom’s Deputy Crown Prince Mohammed bin Salman has said. In a wide-ranging interview with American columnist David Ignatius, the deputy crown prince reflected on the...

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Business & Money | Saturday 22 April, 2017 4:52 pm

Tadawul to implement new settlement cycle for listed securities on Sunday

 The Saudi Stock Exchange, known as Tadawul, announced here on Thursday that it will implement the “T+2” settlement cycle for listed securities with effect from Sunday. Speaking at a news conference held at the Tadawul Media Center, Khalid Abdullah Al-Hussan, chief executive of...

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Government | Saturday 22 April, 2017 4:49 pm

Mali president, OIC chief discuss bilateral cooperation

Malian President Ibrahim Boubakar Keita and Youssef Al-Othaimeen, secretary-general of the Organization of Islamic Cooperation (OIC), discussed bilateral cooperation on Thursday in Jeddah. Keita and his delegation arrived in Jeddah on Thursday to perform Umrah, the Saudi Press Agency (SPA)...

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Healthcare | Saturday 22 April, 2017 4:47 pm

Najran governor launches health projects worth SR1.1bn

Najran Gov. Prince Jiluwi bin Abdulaziz bin Musaed has launched health projects worth more than SR1.1 billion ($293 million) in the region. The launch was held before an audience comprising senior Saudi government officials and dignitaries, in the presence of Health Minister Dr. Tawfiq...

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Government | Saturday 22 April, 2017 4:42 pm

Saudi efficiency review finds up to SR17bn of cost savings: Finance minister

The body set up by Saudi Arabia to cut the costs of government projects has identified up to SR17 billion ($4.53 billion) in further efficiency savings, Finance Minister Mohammed Al-Jadaan has told Reuters. Government sources had told Reuters earlier this week that Riyadh was ordering ministries...

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Business & Money | Saturday 22 April, 2017 5:25 am

MAGGI Launches Mixes Made Solely of Ingredients Found in Kitchen Cupboards, in Drive to Simplify the Making of Good Food

MAGGI has launched a new range of MAGGI Mixes in the Middle East, made solely of ingredients that people know and love, and are likely to find at home, as part of a recently introduced initiative simply dubbed “Kitchen Cupboard.” “We are committed to creating good food moments...

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